On Thursday, EV LucidMotors raised prices for most models from June as it deals with rising raw materials costs, but said it would honour current reservations in a move to avoid the blowback a rival faced. — via drivingdotca autonews luxuryvehicles
From June 1, new reservations in the United States will be priced at US$154,000 for Air Grand Touring [up from US$139,000]; US$107,400 for Air Touring [up from US$95,000]; and US$87,400 for Air Pure models [up from US$77,400], the company said.
“Similar to many companies in our industry, we continue to face global supply chain and logistics challenges, including COVID-related factory shutdowns in China,” Chief Financial Officer Sherry House said. Despite the challenges, the company reiterated its annual production forecast of 12,000 to 14,000 vehicles.booked before March 1 after facing backlash from customers following a 20-per-cent increase in prices.
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